Statement Reviews

Leave No Vendor Left Unturned

Statement reviews play an important role in capturing lost monies.  Many A/P organizations actively request statements from their top vendors on a regular basis but are unable to extend this review beyond top vendors due to the extensive resource needed to perform such a review.  For A/P organizations that attempt a more comprehensive statement review, A/P managers share that while they dedicate greater resource to the project, they still meet with a large percentage of unfulfilled requests. 

Technology Insight's Recovery Audit Services and Statement Reviews

Technology Insight's accounts payable Recovery Audit Services include a comprehensive statement review process that utilizes our proprietary intelligent vendor targeting technology to profile each and every vendor.  This enables Technology Insight to extend its campaign beyond the obvious vendors to include vendors that are likely to deliver a recovery item(s) but would most likely not be approached by other recovery audit firms due to the basic profiling methods still employed by many of these firms.  

Our technology and process have been developed to enable us to reach a significantly greater number of vendors within a standard audit time frame while recognizing a much higher percentage of completion that other recovery audit firms - all of which is 100% transparent to our customer.